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1416 Somerset Dr; Albuquerque, NM Property Details

1416 Somerset Dr, Albuquerque, NM is a Single Family that was built in 1994. This property is currently a cash purchase and is not for sale. Our records show that 1416 Somerset Dr has 3 bedrooms, and 2 bathrooms, and a total of 2,010 square feet. The lot size of 1416 Somerset Dr is 6,578 square feet.

Off market
1416 Somerset Dr NW Albuquerque, NM 87120
$189,208 Listing Price
3 Beds
2 Baths
2,010 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1994
  • Open Loans / Balance: 1 / $128,373
  • Est. Equity / %: $239,627 / 65.12%
  • Gross Yield: 7.66%
  • APN: 1-009-058-408-454-1-10-05
  • Situs County: Bernalillo
  • Length Of Ownership: 5 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Floor Cover Type: Carpet
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Roof Cover Type: Shingle (Not Wood)

Measurements

  • Total: 2,010/SqFt
  • Lot: 6,578/SqFt
  • Gross: 2,010/SqFt
  • Living: 2,010/SqFt
  • Building: 2,010/SqFt
  • Ground: 1,763/SqFt

Legal Description

  • Description: LT 5-P1 BLK 10 SUBD PLAT FOR PARKWAY UNIT 4 CONT 0.1512 AC M /L OR 6,588 SQ FT M/L
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.099926 / -106.73143
  • Subdivision: Parkway
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5510
  • Bathroom Fixtures: 7

HOA

  • H O A One: $2
  • H O A Amount: $2
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

1416 Somerset Dr NW has no associated ownership info
1416 Somerset Dr NW has no associated ownership info.

Taxes

1416 Somerset Dr NW has 10 associated Taxes items

1416 Somerset Dr, Albuquerque, NM pays taxes in Bernalillo County, NM. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $72,789. The APN we've located for 1416 Somerset Dr is 1-009-058-408-454-1-10-05.

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Taxes
  • Assessed Value:  $72,789
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-009-058-408-454-1-10-05
  • Assessed Land Value:  15043
  • Market Land Value:  45134
  • Tax Amount:  2901.54
  • Tax Year:  2025
  • Market Value:  218389
  • Market Year:  2026

Tax History

1416 Somerset Dr NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $72,789 Land Value $15,043 Improvement Value $57,746 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,901.54 Change Rate +0.03243% Assessed CR Tax Rate
Year 2024 Assessed Value $68,611 Land Value $14,180 Improvement Value $54,431 Tax Amount $2,810.4 Change Rate +0.017855% Assessed CR Tax Rate +0.040961%
Year 2023 Assessed Value $66,613 Land Value $13,767 Improvement Value $52,846 Tax Amount $2,761.1 Change Rate +0.035796% Assessed CR Tax Rate +0.04145%
Year 2022 Assessed Value $64,673 Land Value $13,366 Improvement Value $51,307 Tax Amount $2,665.68 Change Rate +0.03573% Assessed CR Tax Rate +0.041218%
Year 2021 Assessed Value $62,790 Land Value $12,977 Improvement Value $49,813 Tax Amount $2,573.72 Change Rate +0.017643% Assessed CR Tax Rate +0.040989%
Year 2020 Assessed Value $60,961 Land Value $12,599 Improvement Value $48,362 Tax Amount $2,529.1 Change Rate +0.029797% Assessed CR Tax Rate +0.041487%
Year 2019 Assessed Value $59,270 Land Value $14,180 Improvement Value $45,090 Tax Amount $2,455.92 Change Rate +0.05474% Assessed CR Tax Rate +0.041436%
Year 2018 Assessed Value $59,270 Land Value $14,180 Improvement Value $45,090 Tax Amount $2,328.46 Change Rate +0.016413% Assessed CR Tax Rate +0.039286%
Year 2017 Assessed Value $57,544 Land Value $13,767 Improvement Value $43,777 Tax Amount $2,290.86 Change Rate +0.030693% Assessed CR Tax Rate +0.039811%
Year 2016 Assessed Value $54,242 Land Value $12,977 Improvement Value $41,265 Tax Amount $2,222.64 Change Rate -0.957794% Assessed CR Tax Rate +0.040976%
Year 2015 Assessed Value $52,662 Land Value $12,599 Improvement Value $40,063 Tax Amount $52,662 Change Rate +23.479607% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $52,662 Land Value $12,599 Improvement Value $40,063 Tax Amount $2,151.26 Change Rate Assessed CR Tax Rate +0.04085%
Year 2013 Assessed Value $52,662 Land Value $12,599 Improvement Value $40,063 Tax Amount Change Rate Assessed CR Tax Rate